The death of Osama Bin Laden is likely to mean movement of terrorist assets, which means banks must be on their guard, says Logica director
"Black swan" operational risk events such as terrorist attacks, disruptions to payment platforms and outages to power grids are the biggest fear for JP Morgan Chase’s chief risk officer Barry Zubrow....
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Terrorism articles
Richard Barrett's previous life in the UK Secret Intelligence Service has prepared him well for his role as the UN's co-ordinatior of anti-terrorist efforts. He talks to Nick Kochan about how effective financial regulation is in the fight against terrorism...
The Bank of England yesterday published an eagerly awaited report on how the government would handle a disaster striking the financial sector, such as a terrorist bombing.
New York – The Basel Committee on Banking Supervision has granted financial institutions the option of using insurance to offset operational risk charges under the advanced measurement approach in the third consultative paper (CP3) – but not without...
The threat of terrorist attacks in response to US and UK military intervention in Iraq has highlighted the need for financial institutions operating in the UK to have suitable business continuity arrangements, a senior UK regulator said in March.
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future